$50,000 Sold
7271 penrod street, detroit, MI 48228
Property Description
INVESTOR SPECIAL: Unit already tenanted. Property leased for $1200 per month. This allows for a $11,325 NOI annually, after taxes, insurance and management fees and an ROI at 22.7%. Property offers 3 bedrooms and 1 full bath. Nice size living room and kitchen. Has common area in basement for storage and laundry. Just need some revamping. A great investment rental within the area. Close to shopping, schools, parks and public transportation. This is a must see but no showings without an accepted offer first. Please do not disturb tenants.
General Information
Sold Price: $50,000
Price/SqFt: $66
Status: Sold
Date Sold: 08/16/2022
MLS#: 2220014385
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: westhaven (plats)
Acres: 0.12
Lot Dimensions: 40.00X138.00
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 753 sq.ft.
Acreage: 0.12 est.
Year Built: 1942
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Paved Road: Paved
Garage: No Garage
Construction: Brick
Exterior: Brick
Exterior Misc: Chimney Cap(s), Lighting
Garage: No Garage
Construction: Brick
Exterior: Brick
Exterior Misc: Chimney Cap(s), Lighting
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $799
Est. Winter Taxes: $86
Est. Summer Taxes: $799
Est. Winter Taxes: $86
HOA fees: 0
Legal Description: W PENROD 323 AND E 9 FT OF VAC ALLEY ADJ WESTHAVEN SUB L40 P75 PLATS, W C R 22/213 40 X 138
Legal Description: W PENROD 323 AND E 9 FT OF VAC ALLEY ADJ WESTHAVEN SUB L40 P75 PLATS, W C R 22/213 40 X 138
IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders Listing By: Brent Maxwell of O'Connor Realty, Phone: (313) 963-9891
